Free trade is not a principle; it is an expedient.
About this quote
- What does it mean?
- Free trade is described as a practical tactic rather than a fixed moral rule.
- In plain terms
- Free trade is a useful tool not a strict rule.
- What can you take from it?
- Evaluate economic policies by results not dogma.
Where it applies
Putting it to work
Questions to consider
- Should policy be flexible or rigid?
- What principles guide your economy?
Another view
Some argue trade should be based on ethical principles.
More from Benjamin Disraeli
I will sit down now, but the time will come when you will hear me.
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